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The U.S. and Israel attacked Iran on Saturday, putting a key regional source of the world's crude oil at risk and raising talk of a return to $100-a-barrel oil prices.
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What's at Stake for Oil Markets as Trump Strikes Iran BloombergBarclays says Brent could reach $80 a barrel on US-Iran tensions ReutersOil prices rise more than 2% as US and Iran extend talks into next week CNBCIran triples oil loading rate as tensions rise with US, oil accumulating offshore - WSJ The Jerusalem Post
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Oil prices spike, Wall Street futures plunge on news of Saturday morning air strikes on Tehran and Iranian missile sites
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Despite sanctions, Iran is one of the world's major oil producers, with much of its crude exported to China.
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Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.
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